Remergent Social Honesty

A “Pay What You Want” revolution lets consumers set prices

Implications - The “Pay What You Want” phenomenon goes back to old fashioned road-side honesty boxes that relied on trust and were rewarded by innate generosity. Spurred by Radiohead’s initiative to let fans pay what they believe the album to be worth, the phenomenon has now trickled into other industries.

Sleep in a pipe at the minimalist Das Park Hotel. This hotel was designed by Andreas Strauss. The concept was to provide easy access sleeping a unit for friends, students or artists with smaller budgets.… [More]

It worked in the music industry for Radiohead, but can the pay-what-you-want concept work in the food industry too? A innovative London restaurant is ready to make a bold move by offering a "pay what you… [More]

UPDATE - We have our first financial updates about Radiohead's Digital Honesty Box, a concept where fans 'pay what they want' for the band's latest album (In Ranbows).
Apparantley, the band has collected… [More]

We've mentioned that freeconomics will play a major factor in future business and will be come crucial, especially in the entertainment industry, for those who want to excel. Coldplay may have been inspired… [More]